10.9166SEK
Today
+0.18%
5 Days
-0.91%
1 Month
-1.13%
6 Months
-0.15%
Year to Date
-4.42%
1 Year
-4.57%
Opening Price
10.8916Previous Closing Price
10.8972The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

The configuration is negative.
above 10.9198, look for 10.9411 and 10.9538.
the downside prevails as long as 10.9198 is resistance
With the exception of Japan, where the BoJ is engaged on a policy tightening cycle, Sweden is the only G10 economy for which the market sees no real risk of further central bank easing on a 1-year view, Rabobank's FX analyst Jane Foley reports.

The Swedish krona is the second-best performer this week, rising even more than the euro as equities sold off yesterday. This sounds rather odd given SEK’s usually high beta (especially relative to the euro) to risk assets, ING's FX analyst Francesco Pesole notes.

With the Swedish Krona (SEK) moving without a clear trend against the Euro (EUR) on Monday, all eyes are now on the Riksbank's monetary policy decision scheduled for Tuesday at 07:30 GMT.

As expected, the Riksbank left its policy rate unchanged at 2% on Wednesday. At the same time, it signaled the possibility of a further interest rate cut this year, which would be 'in line with the June forecast', Commerzbank's FX analyst Antje Praefcke notes.

Scandinavian currencies should also do well if geopolitical risk is priced out, with Sweden's krona likely better positioned than Norway's krone due to opposite exposures to energy prices, ING's FX analyst Francesco Pesole notes.

EUR/SEK has rebounded steadily after testing key support at the lower boundary of its long-term channel and is now approaching the crucial 200-day moving average.

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